News

Popovici Nițu Stoica & Asociații (PNSA) is pleased to announce that it has acted as legal counsel to longstanding client Ameropa Group in connection with the sale of Azomureș, Romania's largest fertilizer producer, to S.N.G.N. Romgaz S.A.

The PNSA multidisciplinary team was led by Bogdan C. Stoica – Partner and included Ioana Lazăr – Managing Associate, Crina Stan – Associate, Raluca Rusu – Tax Partner, Ioana Cazacu – Employment Partner and Ștefania Dan – Consultant.

The transaction involves the transfer of all assets related to Azomureș's production activities, as well as the assignment of key contracts and employees necessary to ensure business continuity, all under a transfer of business as a going concern structure. The deal marks a significant milestone for the Romanian energy and agricultural sectors, supporting the long-term sustainability of domestic fertilizer production and enabling the integration of Romania's natural gas resources into value-added industrial processes.

The transaction follows an extensive negotiation and due diligence process and remains subject to customary conditions precedent, including regulatory approvals.

The transfer represents a new chapter for Azomureș, ensuring the continuation of its operations as a strategically important industrial platform and a key supplier to Romania's agricultural sector. It also reflects broader market dynamics affecting the European fertilizer industry, including volatile energy markets and structural challenges in recent years.

PNSA provided comprehensive legal assistance throughout the transaction, including structuring, due diligence, negotiation, drafting and execution support.

The PNSA multidisciplinary team was led by Bogdan C. Stoica – Partner and included Ioana Lazăr – Managing Associate, Crina Stan – Associate, Raluca Rusu – Tax Partner, Ioana Cazacu – Employment Partner and Ștefania Dan – Consultant.

Commenting on the transaction, Bogdan C. Stoica stated:

"15 years after we have had the chance of advising Ameropa on the acquisition of Azomures, we are honored to have supported Ameropa in this landmark exit transaction, which has both strategic and economic significance for Romania. The agreement ensures a sustainable future for Azomureș and contributes to reinforcing the link between Romania's natural resources and its agricultural sector."

Ameropa, a Swiss-based global agribusiness group, has been present in Romania for almost two decades and remains a key player in fertilizer distribution, grain trading and port operations, continuing its long-term commitment to the Romanian market following the transaction.

PNSA is one of Romania's leading independent law firms, widely recognized for its outstanding track record in M&A, Banking & Finance, Real Estate, Employment, Litigation and Arbitration, Tax and other areas of practice.

With a team of over 80 lawyers and tax professionals, PNSA advises prominent international and domestic clients—including corporations, private equity funds, financial institutions and entrepreneurs—on complex, high-value transactions and strategic projects across multiple industries.

The firm is consistently ranked as a top-tier law firm by major international legal directories such as Chambers & Partners, Legal 500 and IFLR1000, being particularly noted for its strong expertise in cross-border transactions and sophisticated legal structuring.

PNSA's M&A practice is widely regarded as one of the most experienced in Romania, having been involved in many of the country's landmark transactions over the past two decades.